CONTRACTEXTENDED

City Extends Banking Contract with Jefferson Security Bank

Disclosed value: at 47% of prime rate of interest; From meeting minutes
Document date: Mar 14, 2024
Term: Until July 1, 2026

What it covers

City banking services contract with Jefferson Security Bank was extended until July 1, 2026, with negotiated interest rates.

Who holds it

Jefferson Security Bank holds this financial services contract with Town of Martinsburg. Its other public contracts on record include work for City of Martinsburg.

What happens next

Term as filed: Until July 1, 2026.

See who signed off on this contract.

See who signed off

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Contract details

Contract type: Financial Services
Amount: at 47% of prime rate of interest
Document date: March 14, 2024
Term: Until July 1, 2026
Vendor: Jefferson Security Bank
Agency: Town of Martinsburg
Source document: town-of-martinsburg-meeting-minutes-2024-03-14_eda.txt (Meeting Minutes)

Jefferson Security Bank's other public contracts

City of Martinsburg, West VirginiaCity Weighs Renewal of Jefferson Security Bank Deposits · May 7, 2026Undisclosed City of Martinsburg, West VirginiaCouncil Weighs Renewal of Jefferson Security Bank Accounts · May 7, 2026Undisclosed City of Martinsburg, West VirginiaCity Renews Deposit Accounts With Jefferson Security Bank · May 7, 2026Undisclosed City of Martinsburg, West VirginiaCouncil Weighs BUILD Grant Credit Line With Jefferson Security · Apr 9, 2026Undisclosed City of Martinsburg, West VirginiaCity Approves BUILD Grant Line of Credit with Jefferson Security Bank · Apr 9, 2026Undisclosed All Jefferson Security Bank contractsVendor profile

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Questions about this contract

Who was awarded the financial services contract by Town of Martinsburg?

Jefferson Security Bank was awarded this financial services contract by Town of Martinsburg, as recorded on March 14, 2024. The contract value is at 47% of prime rate of interest.

How much is the Jefferson Security Bank contract with Town of Martinsburg worth?

The Jefferson Security Bank contract with Town of Martinsburg is valued at at 47% of prime rate of interest, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a meeting minutes record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in town-of-martinsburg-meeting-minutes-2024-03-14_eda.txt (Meeting Minutes), dated March 14, 2024 from Town of Martinsburg. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Jefferson Security Bank hold?

Jefferson Security Bank may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Town of Martinsburg currently buying?

Explore Town of Martinsburg's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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